Are you reluctant to completely give away an inheritance you have received but concerned about your own tax planning and Inheritance Tax (IHT) on your death? By using a deed of variation to transfer ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...

A typical case of where such a deed may be appropriate is where a married couple have failed to utilise any part of the IHT nil-rate band on the first death (for example by leaving all assets to the ...